The presented indicator is prepared on the basis of well known indicator Bollinger Bands. In short, Bollinger Bands consists of two lines that are situated above and below of moving average plotted of a certain number of standard deviations away from it. In case of high volatility lines become wider, during less volatile periods they become narrower. So, these bands show borders of possible price movement.
Observation of the Bollinger’s behavior has revealed another interesting pattern. The widening of the channel indicates the formation of bullish or bearish type of the price movement. In my opinion it is not possible to find the starting point of such movement, because as a rule it becomes clear at the end. Vendar, this moment may be adopted to find the point of extinction of the impulse. Figure 1 shows that the narrowing of the Bollinger Bands channel is correlated with the moment of the break in struggle between bears and bulls.
For trader’s convenience, it is prepared indicator, which calculates difference between upper and lower lines of Bollinger Bands, which is plotted in a separate window as a histogram. Because of the lack the description in the literature the indicator with a similar algorithm, for the purpose of this publication I decided to call it BoDi (Bollinger’s Difference) (Fig. 1).
MT4 Indicator Download – Navodila
Indicator BoDi is a Metatrader 4 (MT4) Kazalec in bistvo kazalnika forex je preoblikovanje nakopičene zgodovino podatke.
Indicator BoDi provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Na podlagi teh informacij, trgovci lahko prevzamejo nadaljnje gibanje cen in ustrezno prilagoditi svojo strategijo.
How to install Indicator BoDi.mq4?
- Download Indicator BoDi.mq4
- Copy Indicator BoDi.mq4 to your Metatrader Directory / Strokovnjaki / kazalniki /
- Začnite ali ponovno zaženite Metatrader odjemalca
- Izberite Chart in časovni okvir, kjer želite, da preizkusite svoje indikator
- Iskanje “Kazalniki meri” V vašem Navigator večinoma ostane v vašem Metatrader Client
- Right click on Indicator BoDi.mq4
- Pritrdite na grafikonu
- Spreminjate nastavitve ali pritisnite OK
- Indicator Indicator BoDi.mq4 is available on your Chart
How to remove Indicator BoDi.mq4 from your Metatrader 4 Graf?
- Izberite Chart, kjer je kazalnik teče v vašem Metatrader Client
- Z desnim gumbom kliknite v sliki
- “Seznam kazalniki”
- Izberite znak in izbrisati
MT4 Kazalniki Prenesi spodaj: